PipsFX – Is it scam or safe?

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The company that owns the brand, Keyds Lydya Ltd., is not licensed and authorized to offer financial services. It is registered in the Marshall Islands and is not regulated financially. There is a warning message issued by the Italy’s National Commission for Companies and the Stock Exchange (CONSOB) against companies Keyds Lydya Ltd and Keyds Scotland LP. The supervisor announced it had never authorized this company to provide financial services in Italy.

This should be a big warning for customers to stay away from the company, suspected as a scam.

If you are a victim of scam and have any complaints from Pips-FX.com, please report us and we will try to cooperate. Please fill in the form below, describing your case:

5 Complains

  1. This is unregulated company regardless of what they claim. I had a managed account for 1,000$ just to see how will they trade. So, they CAN’T trade. They just open a position and wait until it makes some profit or loss. No target price, no stop loss level and deals are always with maximum amount. They give you a bonus but it is just a prelude to make your loss bigger. So I decided to quit and requested a withdrawal. Guess what? They didn’t send me anything. Now I will use my bank to do some charge-back. AVOID THEM SCAMMERS!

  2. I started dealing with this company in December last year and till now I tried to request several withdrawals. They sent me nothing. I asked many many times my account to be closed and my money to be sent back but nobody responded to my mails and calls. I have more than USD4,000 in my account but I don’t know how to get it back…

  3. They take money from my credit card and feed my account without any approval. They didn’t reply to my emails at all. I DO NOT recommend them as a trusted broker. They won’t allow any withdrawals. Fraud.

  4. This is a big scam all the time. They stole money from my credit card without my permission and knowledge. They open positions with huge amount but without stop loss orders. They always trade against the trend and push you to deposit more and more money to protect the imminent stop out. They didn’t answer to no one my email. Beware! You cannot withdraw nothing from hese thieves. Stay away from them! SCAM

  5. They contacted me almost one month after I was scammed by 10markets.com with GBP25k. They told me they could bring my lost money (or some part of it) back as they will use their legal department for negotiations with 10markets. In return, I must open an account with them. I spoke to some account manager who sounds so polite and convincing. I answered him they were the same shit as 10markets.com, which stole from me entire my money regardless of promises not to invest more than 10% in one deal. People, look what happened to me and don’t let yourself be scammed!

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